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Zenos, the Norfolk-based manufacturer that produced the E10 range of open-top sports cars, has gone into administration.

Citing a string of cancelled export orders, the company confirmed the news on Wednesday. Boss and co-founder Mark Edwards has called it a "great disappointment", adding that the firm has "already made very good progress in developing the next product" in its strategy.

The E10 range consisted of three open-top, track-focused sports cars, with prices starting at £26,995. A deposit of £10,000 and monthly payments of under £300 made this a relatively affordable performance machine. Zenos rivals included small-scale British performance car producers such as Ariel, Caterham and Lotus.

Begbies Traynor (London) LLP will act as administrators. A spokesperson from the firm said: "We are currently open to speaking with parties interested in securing a future for the business and would request that any enquiries are made directly with our London office".

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